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DERIVATIVE INSTRUMENTS (Tables) | 12 Months Ended
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Dec. 31, 2023
General Discussion of Derivative Instruments and Hedging Activities [Abstract] |
Schedule of Notional and Fair Value Amounts of Outstanding Derivative Instruments |
| Notional amount |  | Fair value (Level 2 within the fair value hierarchy)
| December 31, |  | December 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Forward contracts |  |  |  |  |  |  |
expenses NIS | 107,940 |  |  | 111,253 |  |  | 253 |  |  | (7,862) |
expenses INR | 62,023 |  |  | 46,406 |  |  | 147 |  |  | (1,379) |
expenses PHP | 11,577 |  |  | 11,235 |  |  | 302 |  |  | 651 |
| $ | 181,540 |  |  | $ | 168,894 |  |  | $ | 702 |  |  | $ | (8,590) |
Schedule of Fair Value of Derivative Instruments by Balance Sheet Location | The fair value of the Company's outstanding derivative instruments at December 31, 2023 and 2022 is summarized below:
|  |  | Fair value of derivative instruments
|  |  | December 31,
| Balance sheet line item |  | 2023 |  | 2022
Derivative assets: |  |  |  |  |
Foreign exchange forward contracts | Prepaid expenses and other current assets |  | $ | 702 |  |  | $ | 651 |
Derivative liabilities: |  |  |  |  |
Foreign exchange forward contracts | Accrued expenses and other liabilities |  | $ | — |  |  | $ | (9,241) |
Schedule of Effect of Derivative Instruments in Cash Flow Hedging Relationship on Income and Other Comprehensive Income | The effect of derivative instruments in cash flow hedging relationship on income and other comprehensive income for the years ended December 31, 2023, 2022 and 2021 is summarized below:
| Amount of gain (loss) recognized in other comprehensive income on derivative, net of tax (effective portion)
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Derivatives in foreign exchange cash flow hedging relationships: |  |  |  |  |
Forward contracts | $ | (5,300) |  |  | $ | (18,223) |  |  | $ | 4,993 |
Option contracts | — |  |  | — |  |  | 31 |
| $ | (5,300) |  |  | $ | (18,223) |  |  | $ | 5,024 |
Derivatives in foreign exchange cash flow hedging relationships for the years ended December 31, 2023, 2022 and 2021 is summarized below:
|  |  |  | Amount of gain (loss) reclassified from other comprehensive income into income (expenses), net of tax (effective portion)
|  |  |  | Year Ended December 31,
|  | Statements of income line item |  | 2023 |  | 2022 |  | 2021
Option contracts to hedge payroll and facility expenses |  | Cost of revenues and operating expenses |  | $ | — |  |  | $ | — |  |  | $ | (771) |
Forward contracts to hedge payroll and facility expenses |  | Cost of revenues, operating expenses and financial expenses |  | 13,335 |  |  | 7,189 |  |  | (5,157) |
|  |  |  | $ | 13,335 |  |  | $ | 7,189 |  |  | $ | (5,928) |

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